Nice (NASDAQ:NICE) updated its FY 2019 earnings guidance on Thursday. The company provided EPS guidance of $5.11-5.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.18. The company issued revenue guidance of $1.558-1.582 billion, compared to the consensus revenue estimate of $1.57 billion.Nice also updated its Q2 2019 guidance to $1.16-1.26 EPS.
Several research analysts have issued reports on NICE shares. Barclays increased their price target on Nice from $124.00 to $150.00 and gave the stock an equal weight rating in a report on Wednesday, April 24th. BidaskClub lowered Nice from a strong-buy rating to a buy rating in a report on Friday, May 3rd. JPMorgan Chase & Co. upgraded Nice from a neutral rating to an overweight rating and increased their price target for the stock from $125.00 to $150.00 in a report on Thursday, April 18th. JMP Securities reiterated an outperform rating and issued a $140.00 price target (up previously from $120.00) on shares of Nice in a report on Monday, April 22nd. Finally, Jefferies Financial Group increased their price target on Nice from $134.00 to $149.00 and gave the stock a buy rating in a report on Wednesday, April 17th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Nice currently has a consensus rating of Buy and an average price target of $136.64.
Shares of NASDAQ:NICE opened at $132.07 on Thursday. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 34.30, a PEG ratio of 2.95 and a beta of 0.86. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.38 and a current ratio of 1.38. Nice has a 52-week low of $100.54 and a 52-week high of $140.29.
Nice (NASDAQ:NICE) last posted its earnings results on Thursday, February 14th. The technology company reported $1.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.20 by $0.04. Nice had a return on equity of 9.15% and a net margin of 11.03%. The company had revenue of $420.00 million for the quarter, compared to analyst estimates of $417.05 million. During the same quarter last year, the company earned $1.35 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Equities research analysts anticipate that Nice will post 4.35 earnings per share for the current year.
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NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.
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